UV curable resin Market to Generate $9,769.7 Million By 2026 | Major Companies, Strategies and New Trends

 Allied Market Research published a report, titled, “UV Curable Resin Market by Resin Type (Acrylated Epoxies, Acrylated Polyesters, Acrylated Urethanes, Acrylated Silicones, and Others) and Application (Coating, Packaging, Printing, Adhesives & Sealants, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global UV curable resin industry garnered $4.74 billion in 2018 and is expected to reach $9.76 billion by 2026, registering a CAGR of 9.4% from 2019 to 2026.

Surge in demand for environment-friendly paint & coating along with architectural coatings drives the growth of the global UV curable resin market. However, variations in raw material prices and limited depth of light penetration hinder the market growth. On the other hand, strict regulations regarding green initiatives open new opportunities in the market.

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Acrylated epoxies to maintain its dominant share throughout the forecast period

Based on resin type, the acrylated epoxies segment held the highest market share in the global

UV curable resin market, contributing to more than one-third of the total share in terms of revenue in 2018, and is estimated to maintain its dominant share throughout the forecast period. This is attributed to high cure rates and excellent adhesion performance due to the presence of polar hydroxyl and ether groups in the epoxy backbone structure. On the other hand, the acrylated urethanes segment is expected to grow at the highest rate with a CAGR of 10.3% from 2019 to 2026, owing to remarkable all-around performance characteristics on various substrates, excellent film hardness, elasticity and cure speed, and superior durability and flexibility.

Coating segment to continue its lead during the forecast period

Based on application, the coating segment accounted for nearly one-third of the total share of the global UV curable resin market in 2018, and is expected to continue its lead position during the forecast period. This is due to demand for zero VOC content in coating and surge in usage in dispersants & wetting, driers, defoamers, powder coating additives, dearators, and flow & leveling. However, the printing segment is expected to register the highest CAGR of 11.0% from 2019 to 2026, owing to rise in usage of novel printing technologies such as inkjet for gaining technical advantages.

Asia-Pacific to be lucrative, North America second-highest

Based on region, Asia-Pacific held more than one-third of the total market share of the global UV curable resin market in 2018, followed by North America contributing to less than one-third of the share. Asia-Pacific region is estimated to maintain its dominance in terms of revenue by 2026. Moreover, it is projected to register the highest growth rate with a CAGR of 10.6% from 2019 to 2026. This is attributed to rise of the paints and coating industry and increase in its usage in the automotive industry.

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Market players holding the largest pie:

Hitachi Chemical
DSM-AGI
BASF SE
Allnex Belgium S.A.
Jiangsu Litian Technology
IGM
Sartomer
Dymax
Miwon Specialty Chemical
Eternal Materials
Jiangsu Sanmu Group

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Cord Blood Banking Services Market In-Depth Analysis on Size, Cost Structure and Prominent Key Players – 2030

The rise in awareness related to the benefits of using cord blood stem cells for the treatment of chronic diseases, such as cancer, has led to an increase in the government initiative leading to an increase in number of cord blood banks, which is expected to fuel the market growth of cord blood banking services.

According to the report published by Allied Market Research, Cord Blood Banking Services Market by Storage Services (Public Cord Blood Banks and Private Cord Blood Banks) – Global Opportunity Analysis and Industry Forecast, 2022-2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, quote The rise in awareness related to the benefits of using cord blood stem cells for the treatment of chronic diseases, such as cancer, has led to an increase in the government initiative leading to an increase in number of cord blood banks, which is expected to fuel the market growth of cord blood banking services. quote

The private cord blood banks are privately owned banks where the parents can store the cord blood of newborn for future use such as for treatment of certain chronic disease. In private banks, charges are incurred for the collection, processing, and storage of cord blood. Thus, the public cord blood banks possess competitive advantages in developed regions such as North America and Europe.

High cost associated with the processing, difficulty in finding a match in the donor list of public cord blood banks, and legal & ethical issues related to collection of cord blood are expected to hamper this growth. Conversely, advancement in the stem cell therapeutics and presence of untapped potential in the developing and developed regions are expected to provide various opportunities to the cord blood banking services.

𝗚𝗲𝘁 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗶𝗺𝗽𝗮𝗰𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀@ 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://www.alliedmarketresearch.com/request-for-customization/111

Key market players

  • China Cord Blood Corporation
  • Cord Blood America, Inc.
  • CBR Systems, Inc.
  • Cordlife Group Limited
  • Cryo-Cell International, Inc.
  • Cryo-Save AG
  • Lifeforce Cryobanks
  • National Cord Blood Program
  • ViaCord, Inc.
  • Virgin Health Bank
  • CordVida
  • Americord
  • CryoHoldco
  • Vita34.

Based on region, North America accounted for maximum contribution to the total revenue generated, owing to the market maturity, high awareness among the expectant parents, presence of high disposable income, and high adoption rate of cord blood storage services. However, Asia-Pacific is expected to witness the highest growth during the analysis period, attributable to rise in awareness related to the benefits of storing cord blood, increase in focus of key players to expand their services, and rise in disposable income.

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Protein Therapeutics Market Opportunity Analysis and Industry Forecast, 2030 | Size, Share and Growth

Therapeutic proteins are an important class of drugs, which serve patients in need of novel therapies. Approved recombinant protein therapeutics are developed to treat a wide array of clinical indications, including cancers, genetic disorders, infectious diseases, and metabolic disorders.

The major factors that drive the growth of the global protein therapeutics market include introduction & application of new plasma-derived therapies, surge in prevalence of chronic & life-threatening diseases, and rise in awareness among populace regarding the high efficiency of protein therapeutics. However, high cost of protein therapies and complex reimbursement scenario impede the market growth. Conversely, increase in novel indications for known protein therapeutics and untapped emerging markets are anticipated to provide lucrative opportunities for the manufacturers in this industry.

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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “growth of the global protein therapeutics market is attributed to increase in prevalence of chronic diseases, surge in development of protein-based therapies, and various strategies adopted by key players of the market. Moreover, increase in healthcare expenditure and approval of new products are expected to further drive the market growth during the forecast period.

Key Findings of the Study

  • By product, the monoclonal antibodies segment was the highest contributor to the protein therapeutics market in 2020.
  • On the basis of application, the metabolic disorders segment was the highest contributor to the protein therapeutics market in 2020.
  • Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

𝗚𝗲𝘁 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗶𝗺𝗽𝗮𝗰𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀@ 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://www.alliedmarketresearch.com/request-for-customization/60

North America accounted for a majority of the global protein therapeutics market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to increase in prevalence of chronic diseases, adoption of technologically advanced treatments, presence of key players, and rise in healthcare expenditure in the region. However, Asia-Pacific is anticipated to witness notable growth, owing to increase in R & D activities, increase in disposable income, and improvement in patient awareness toward protein therapeutics.

The report provides extensive competitive analysis and profiles of key market players, such as Abbott Laboratories, Amgen Inc., Baxter International Inc., Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Johnson & Johnson, Merck & Co., Inc., Novo Nordisk A/S, Pfizer Inc., and Sanofi. Other players (profiles not included in the report) in the value chain analysis include, Biogen, Inc., CSL Behring, and Genentech, Inc.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Conductive Polymer Market – Key Futuristic Trends and Opportunities 2026

The global conductive polymer industry was pegged at $3.9 billion in 2018, and is projected to reach $7.4 billion by 2026, registering a CAGR of 8.1% from 2019 to 2026.

Major driving factors
Surge in demand for electronic products and increase in usage of conducting polymers in solar cell manufacturing have boosted the growth of the global conductive polymer market. However, high cost of production hampers the market growth. On the contrary, surge in electric mobility is expected to create lucrative opportunities in the near future.

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The polyaniline (PANI) segment dominated the market
The PANI segment held the largest share in 2018, accounting for nearly one-fourth of the market, owing to its properties such as high conductivity, electroactivity, and redox activity along with magnetic, optical, and electronic properties. However, the PEDOT segment is expected to register the highest CAGR of 10.6% during the forecast period, due to increase in demand for solar equipment across the globe to produce electricity and reduce pollution and dependency on conventional fuel.

The polymer capacitor segment to portray fastest CAGR through 2026
The polymer capacitor segment is projected to manifest the highest CAGR of 9.3% during the forecast period, owing to increase in usage of electric vehicle across the globe, need to curb carbon footprint, usage of internal combustion engine, and to reduce dependency on conventional fuels, the demand for polymer capacitors. The anti-static packaging & coating segment held the largest share in 2018, contributing to nearly one-fourth of the market, due to rise in demand for portable electronic devices and increased demand for conductive polymer in antistatic packaging application.

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North America held the lion’s share
The market across North America held the largest share in 2018, accounting for nearly one-third of the market, owing to the strong presence of electronics & semiconductor industry and availability of the latest technology and R&D facilities present in the region. However, the market across Europe is anticipated to portray the highest CAGR of 8.8% during the forecast period, due to increase in trend of using electric vehicles across the European Union to reduce usage of internal combustion automobiles to curb pollution and reduce dependency on fossil fuels.

Major market players

  • SABIC
  • Celanese Corporation
  • Agfa Gevaert
  • Heraeus Group
  • Merck KGAA
  • Kemet Corporation
  • Solvay
  • American Dyes Inc.
  • Abtech Scientific
  • Rieke Metals

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Epoxy Resin Market Leading Global Companies and Regional Average Pricing Analysis by 2027

Allied Market Research published a report, titled, “Epoxy Resin Market by Type (Diglycidyl Ether Bisphenol A (DGBEA), Diglycidyl Ether Bisphenol F (DGBEF), Novolac, Aliphatic, Glycidylamine, and Others), Physical Form (Solid, Liquid, and Solution), Application (Paints & Coatings, Adhesives, Composites, Electronic Encapsulation, and Others), and EndUser (Building & Construction, Transportation, General Industrial, Consumer Goods, Wind Power, Aerospace, Marine, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global epoxy resin industry generated $5.9 billion in 2019, and is estimated to generate $10.3 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027.

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Drivers, restraints, and opportunities:

Rise in demand for lightweight composites, surge in R&D activities, and development of end-use industries drive the growth of the global epoxy resin market. However, variations in prices of raw materials hinder the market growth. On the other hand, emergence of bio-based epoxy resin creates new opportunities in the coming years.

Covid-19 Scenario:

Manufacturing and R&D activities have been stopped due to the global lockdown. Moreover, supply chain disruptions have also been taken place.
The demand has been decreased significantly as application industries such as paints & coatings, composites, adhesives, and electronics have halted their operations during the lockdown.

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The solution segment to maintain its lead position during the forecast period:

Based on physical forms, the solution segment accounted for the highest market share in 2019, holding around two-fifths of the global epoxy resin market, and is estimated to maintain its lead position during the forecast period. This is due to utilization in electrical & electronic applications. However, the solid segment is estimated to witness the fastest CAGR of 7.7% from 2020 to 2027, owing to increase in usage in performance laminates, aerospace composites, molding compounds, and tooling systems.

The paints & coatings segment to maintain its dominance throughout the forecast period:

Based on application, the paints & coatings segment accounted for the largest market share with nearly one-third of the global epoxy resin market in 2019, and is expected to maintain its dominance throughout the forecast period. This is attributed to increase in demand for paints & coatings in different end-use industries. However, the adhesives & sealants segment is expected to maintain the highest CAGR of 10.9% from 2020 to 2027. This is due to increase in demand in automotive, construction, wind blades, electronic, and manufacturing sectors.

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LAMEA, followed by North America, to grow the fastest:

Based on region, LAMEA, followed by North America, is expected to witness the highest CAGR of 7.5% from 2020 to 2027, owing to surge in demand for epoxy resin-based composites from aerospace and wind power industries. However, Asia Pacific accounted for the highest market share in terms of revenue, accounting for nearly three-fifths of the total share of the global epoxy resin market in 2019, and is expected to maintain its leadership status throughout the forecast period. This is attributed to industrialization and increase in demand from end-use industries including automotive, consumer goods, building & construction, and aerospace.

Leading market players

BASF SE
Dow Chemical Company
Atul Ltd.
Huntsman Corporation
Hexion Inc.
Nan Ya Plastics Corporation
Kukdo Chemicals Co. Ltd.
Solvay SA
Olin Corporation
Techstorm Advanced Materials

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:
David Correa
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IVD Quality Control Product Market Worldwide Demand, Growth, Industry Revenue, Business Views By 2030

The IVD quality control products market is driven by factors such as increasing number of accredited laboratories, stringent mandates on the use of third party IVD quality control products, and increase in the number of IVD test volumes across the globe. Increase in adoption of multianalyte controls and focus of key players on expanding their market presence in emerging economies are anticipated to create new growth opportunities for market players. However, poor reimbursement scenario and lack of regulations regarding the use of controls in emerging economies are expected to hamper the market growth during the analysis period.

According to the report published by Allied Market Research, In Vitro Diagnostics (IVD) Quality Control Product Market by Product Type (Quality Controls (Whole Blood-based Controls, Serum/Plasma-based Controls, Urine-based Controls, Other IVD Quality Controls), Data Management Software, and Quality Assurance Services), by Application (Clinical Chemistry, Immunochemistry, Hematology, Molecular Diagnostics, Coagulation/Hemostasis, Microbiology, and Others), by End User (Hospitals, Clinical Laboratories, Research & Academic Institutes, and Others), by Manufacturer Type [Instrument Manufacturer Controls and Independent Manufacturer Controls (Third-party Controls and Instrument Manufacturer Controls)] – Global Opportunity Analysis and Industry Forecast, 2022-2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “The growth of the global IVD quality control products market is propelled by increase in adoption of multianalyte third party quality controls,She further added, serum/plasma-based controls products are popular due to their high stability and long self life.

North America was the highest revenue contributor to the global market. Asia-Pacific is projected to be the fastest-growing region by 2022, registering a CAGR of 4.9% during the forecast period, due to increase in acceptance of third party IVD control products and spiraling number of accredited laboratories in the region.

The key players in the IVD quality control products market have focused on expanding their business operations in the emerging economies by adopting strategies such as new product launches and geographical expansion. The major market players profiled in the report include Abbott Diagnostics, Bio-Rad Laboratories, Inc., Roche Diagnostics, Thermo Fisher Scientific, Inc., Randox Laboratories Ltd., Helena Laboratories, Seracare Life Sciences, Inc., Technopath Clinical Diagnostics, and Sun Diagnostics, LLC.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Contact us:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060 | Fax: +1-855-550-5975 Email” help@alliedmarketresearch.com
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Bone Grafts and Substitutes Market  Insights Analysis and Industry Forecast, 2030 | Growth and Trends

Rapid development of novel bone grafts materials such as biocompatible synthetic bone grafts and rise in prevalence of bone and joint disorders are the major factors driving the growth of the global bone grafts and substitutes market. Moreover, surge in the number of patients suffering from rheumatoid arthritis, osteoarthritis, and other joint disorders have supplemented the market growth. However, high cost of surgeries and several ethical issues associated with bone grafting procedures have hampered the market development. On the contrary, increasing inclination of key market players toward R&D activities and surge in demand for orthopedic procedures among geriatric population would provide lucrative opportunities for the market leaders in the coming years.

According to the report published by Allied Market Research, the global bone grafts and substitutes market was valued at $2,652.6 million in 2020, and is projected to reach $3,362.6 million by 2028, registering a CAGR of 4.3% from 2021 to 2028.. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Moreover, the COVID-19 outbreak has disrupted and forced several industries to halt their activities temporarily, including several subdomains of health care. Similarly, the bone graft & substitutes industry was impacted negatively. Major key players in the market were facing supply chain interruptions and the demand of the products was reduced significantly. Throughout 2020, hospitals and clinics experienced a noteworthy decline in surgical procedural volumes worldwide as healthcare systems redirected their resources to meet the rise in requirements of the COVID-19 patients. In addition, public health bodies across the world have suggested rescheduling or suspending elective surgeries throughout the pandemic phase. In addition, several orthopedic elective procedures, including spine, hip replacement, and knee replacement were halted. On the contrary, surgeons, patients, and medical societies are continuously assessing the risks of elective surgeries in the existence of infectious diseases, which is anticipated to have a positive impact on the demand for bone grafts & substitutes products and the number of procedures performed in the near future.

Major applications of bone grafts and substitutes 

The report offers an in-depth analysis of the various applications of bone grafts and substitutes, including spinal fusion, trauma, joint reconstruction, dental bone grafting, and craniomaxillofacial. The spinal fusion segment dominated the global bone grafts and substitutes market in 2017 and is expected to hold the largest share in the global market through 2025, contributing about 45%. However, the joint reconstruction segment would witness the fastest CAGR of 6.2% through 2025, owing to rise in demand for joint reconstruction among patients suffering from rheumatoid arthritis, osteoarthritis, and other joint disorders.

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Major players that operate in this market include Arthrex, Inc., Baxter International Inc., Integra LifeSciences Holdings Corporation, Johnson & Johnson (DePuy Synthes), Medtronic Plc., Musculoskeletal Transplant Foundation, NuVasive, Inc., Stryker Corporation, Xtant Medical Holdings, Inc., and Zimmer Biomet Holdings, Inc.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Live Chat Software Market Research Report and Unique Predictive Business Strategy 

According to the report published by Allied Market Research, the global live chat software market generated $590 million in 2016, and is estimated to reach $997 million by 2023, registering a CAGR of 7.5% from 2017 to 2023. The report offers an extensive analysis of changing market dynamics, top winning strategies, business performance by key players, value chain analysis, and competitive scenario.

Rise popularity of live chat software among end users, increase in need to improve customer relationship management (CRM), and advantages of live chat software over conventional customer support drive the growth of the global live chat software market. However, lack of standardization and increase in demand for web or mobile self-services hinder the market growth. On the other hand, integration of social media and live chat software and increasing awareness about benefits of the live chat software create new opportunities in the coming years.

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The report offers a detailed segmentation of the global live chat software market based on product type, end user, and region.

Based on product type, the customer service live chat systems segment contributed to the largest share in 2016, and estimated to maintain its dominant position during the forecast period. In addition, it is expected to witness the highest growth from 2017 to 2023. Moreover, the report also analyzes the segments including informational live chat systems and sales live chat systems during the forecast period.

Based on end user, the other segment which includes transportation, media, education, government, and real estate accounted for the largest share in 2016, and is expected to maintain the largest share throughout the forecast period. However, the retail segment is estimated to portray the highest growth during the forecast period.

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Based on region, North America contributed the highest share, in 2016, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR from 2020 to 2027.

Leading market players analyzed in the research include LogMeIn, Inc., LivePerson, Inc., Zendesk, SnapEngage, Livechat, Inc., Olark, Kayako, Inc., Freshdesk, Inc., Woopra, Inc., and Provide Support LLC.

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:

David Correa

Portland, OR, United States

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Encryption Software Market : Key Factors That Are Leading The Demand Around The Global

According to the report published by Allied Market Research, the global encryption software market was pegged at $6.82 billion in 2019 and is expected to hit $22.74 billion by 2027, registering a CAGR of 16.3% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Rise in data breaches, increased compliance regulations among the organizations, surge in adoption of the concept bring your own device (BYOD) fuel the growth of the global encryption software market. On the other hand, dearth of awareness about encryption software and restricted use of encrypted devices in some countries curbs the growth to some extent. However, mounting demand for cloud-based encryption software is projected to pave the way for an array of opportunities in the near future.

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The outbreak of COVID-19 has made the software startups witness a rise in demand for employee productivity tracking tools and data protection services, as most corporate employees are working from home during this lockdown. However, vertical SaaS companies that sell to specialty sectors like food, travel, and hospitality have seen a fairly lower drop in growth so far. At the same time, it’s worth mentioning that work in the corporate and technology sector has been impacted to a great extent. Many companies in the global industry have either shut their factories or postponed business-related traveling.

Based on component, the software segment accounted for more than two-thirds of the total market share in 2019, and is expected to rule the roost by the end of 2027. Simultaneously, the service segment would grow at the fastest CAGR of 17.6% during the study period.

By deployment mode, the on-premise segment contributed to nearly three-fifths of the total market revenue in 2019, and is anticipated to lead the trail till 2027. At the same time, the cloud-based segment would cite the fastest CAGR of 18.4% throughout the forecast period.

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The key market players analyzed in the global encryption software market report include Check Point Software Technologies, Trend Micro Incorporated Cisco System, Inc., Fortinet, Inc., Microsoft Corporation, Oracle Corporation, Amazon Web Services, Inc. (AWS), IBM Corporation, Palo Alto Networks, and F-Secure, Inc.These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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AI in Retail Market Growth Focusing on Trends & Innovations During the Forecast Period 2022 – 2030

The digital revolution in retail sector is more about connecting people. It is about converting data into understandings, which in return can drive better business decisions. Introduction of artificial intelligence brought up huge revolution in the retail market. In addition to this, retailers have opportunity to increase revenue by accepting fast innovations and smart operations to have an edge over their competitors.

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Artificial intelligence brings up a lot of features which include inventory management, interactive chat programs, customer engagement, and demand forecasting that help the enterprises to ease their operations.

AI also helps to synchronize the offline and online store to get better perceptions of customers. Furthermore, the high cost of implementation hinders the growth of the market. However, growth in awareness about artificial intelligence and big data propels the growth of the artificial intelligence in retail market.

Companies Covered: International Business Machines Corp., Intel Corp., Signifyd Inc., Sentient Technologies, SAP SE, Infinite Analytics Inc., Standard Cognition Corp., BloomReach Inc., Google LLC, Microsoft Corp.

Rise in the demand for technological advancement in the retail sector has helped to improve sales, predict customer perception, and handle customer relations, which drive the growth of the artificial intelligence in the retail market. In addition, artificial intelligence helps to improve operational efficiency and handle customer relations using chatbot technology that propels the growth of the market.

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Furthermore, high cost of implementation, risk of unemployment, and lack of creativity are the factors that act as barriers to the market. However, rapid awareness and adoption of artificial intelligence, and big data analytics in the retail sector drive the growth of this market in the forecast  period.

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:

David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

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